DBS analyst Ling Lee Keng has maintained “buy” on iFast Corporation with a higher target price of $3.96 from $2.60 following the digital bank hopeful’s stellar 3QFY2020 results.

See: iFast posts record net profit with 150% y-o-y growth in 3Q20

On Oct 23, iFast reported record high net profit of $6.16 million, a 150.6% growth y-o-y, achieved on the back of a 35.7% y-o-y surge in net revenue.

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